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AMERICAN HOTEL INCOME PROPERTIES REIT LP ANNOUNCES FEBRUARY 2022 U.S. DOLLAR CASH DISTRIBUTION

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(numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, BC, Feb. 15, 2022 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.V) announced today a U.S. dollar cash distribution of $0.015 per limited partnership unit (“Unit”) for February 2022; equivalent to U.S. dollar $0.18 per Unit on an annualized basis. The… [Read More]

Pathfinder Signs Strategic Acquisition Agreement Adding RV & Self Storage Assets and Management Expertise

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Pathfinder signs LOI to acquire Black Sheep Income Corp. that owns and operates two RV & self-storage assets and is under contract to purchase two existing RV Resorts. Aggregate purchase price of $4.5 million. 80% paid in RV common shares, 20% deferred cash payment. Management addition of Mark O’Donoghue, CPA, CA as Chief Financial Offer…. [Read More]

Bridgemarq Real Estate Services Declares Dividend

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TORONTO, Feb. 15, 2022 /CNW/ – Bridgemarq Real Estate Services Inc. (“Bridgemarq” or the “Company”) (TSX: BRE) today announced a cash dividend of $0.1125 per restricted voting share payable on March 31, 2022, to shareholders of record on February 28, 2022.  About Bridgemarq Real Estate Services Bridgemarq is a leading provider of services to residential real… [Read More]

FLAGSHIP COMMUNITIES REAL ESTATE INVESTMENT TRUST ANNOUNCES FEBRUARY 2022 CASH DISTRIBUTION

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, Feb. 15, 2022 /CNW/ – Flagship Communities Real Estate Investment Trust (the “REIT“) (TSX: MHC.U) announced today a cash distribution of US$0.0446 per REIT unit for the month of February 2022, representing US$0.5355 per REIT unit on an annual basis. Payment will… [Read More]

H&R REIT Reports Fourth Quarter and 2021 Annual Results

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Enhanced geographical exposure, improved asset mix, strengthened balance sheet and NCIB utilization TORONTO, Feb. 14, 2022 /CNW/ – H&R Real Estate Investment Trust (“H&R” or “the REIT”) (TSX: HR.UN) is pleased to announce its financial results for the year ended December 31, 2021.  SIGNIFICANT 2021 HIGHLIGHTS Transformational Strategic Repositioning Plan: On October 27, 2021, H&R announced… [Read More]

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES 10% OWNERSHIP, TOGETHER WITH ITS JOINT ACTORS, IN DREAM OFFICE REIT

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WINNIPEG, MB, Feb. 14, 2022 /CNW/ – Artis Real Estate Investment Trust (“Artis”) announced today that on February 14, 2022, it acquired an aggregate of 34,900 REIT Units, Series A (“Units”) of Dream Office Real Estate Investment Trust (“Dream Office”) (TSX: D.UN) in the open market through the facilities of the Toronto Stock Exchange at… [Read More]

MAINSTREET EQUITY CORP. ANNOUNCES Q1 2022 RESULTS

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CALGARY, AB, Feb. 14, 2022 /CNW/ – In Q1 2022, Mainstreet achieved double-digit, year-over-year growth across its three most important operating metrics. Net operating income (“NOI”) and revenues increased 12%, while funds from operations (“FFO”) saw their fourth consecutive quarter of double-digit growth at 10%. Bob Dhillon, Founder, President & CEO of Mainstreet, said, “Our… [Read More]

LANESBOROUGH REIT ANNOUNCES APPROVAL OF A PROPOSED TRANSACTION TO RESTRUCTURE ITS CONVERTIBLE DEBENTURES

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WINNIPEG, MB, Feb. 11, 2022 /CNW/ – Lanesborough Real Estate Investment Trust (“LREIT“) (TSXV: LRT.UN) today announces that the holders (“Debentureholders“) of the outstanding 5.00% Series G redeemable subordinated secured debentures due June 30, 2022 (the “Debentures“) voting at the special meeting of the Debentureholders held today approved an extraordinary resolution approving the exchange of the… [Read More]

Chartwell Fourth Quarter 2021 Results Conference Call Time Change

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MISSISSAUGA, ON, Feb. 11, 2022 /CNW/ – Chartwell Retirement Residences (“Chartwell”) (TSX: CSH.UN) announced today a change in time of its fourth quarter 2021 results conference call to 9:00 AM ET on February 25, 2022. The telephone numbers for the conference call are: Local: 416-340-2217 Toll Free: 1-800-898-3989 Passcode: 1251063# The conference call can also… [Read More]

First Capital REIT Announces February 2022 Distribution

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TORONTO, Feb. 8, 2022 /CNW/ – First Capital REIT (“First Capital”) (TSX: FCR.UN) announced today that it will make a cash distribution of $0.036 per REIT unit for the month of February, representing approximately $0.43 per REIT unit on an annualized basis. The distribution will be paid on March 15, 2022 to unitholders of record as… [Read More]